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Mihin Air and Sri Lankan airlines to share destinations
Wednesday, 23 November 2011 - 4:17 PM SL Time
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Mihin Air is to go for code-sharing with Sri Lankan Airlines, senior minister Sarath Amunugama told Parliament yesterday.
Dr. Amunugama who was speaking at the debate on the second reading of the budget in the House said there is nothing wrong in Mihin Air and Sri Lankan Airlines sharing the destinations between them as it is a practice carried out by many other airlines today.
With regard to the repeated charges on the performance of Mihin Air, the senior Minister said it had incurred losses as the funds pumped into it by the state had been inadequate. He said the company had been compelled to seek loans from the Banks as the funds allocated for it by the government had not been sufficient. Minister said the situation with regard to Air Lanka was same during the late J. R. Jayewardene regime as adequate investments were not made by the state during that time as well.
The Airline is functioning smoothly other than this issue, he said. Therefore the Minister said several flights operate daily carrying lower middle class people to destinations such as India.
Minister of Education Bandula Gunawardene who also joined in the budget countered the main Opposition UNP S arguments on the 3 per cent devaluation of the rupee, by stating that the rupee was devalued by 100 per cent soon after the UNP came into power in 1977. He said the US Dollar which cost Rs 8 at that time cost Rs 16 after the devaluation at that time.
He said the government had focused on a broad development plan taking into consideration even the home garden systems. Mr. Gunawardene said developing home garden systems could also make a considerable contribution to the national economy.
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Damed
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 23 Nov 2011 10:24:53 GMT Report for Abuse
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President Rajapaksa said 500 million rupees in tax money will be used to built more facilities including a stadium in Jaffna and expanding a sports complex in Colombo.
Profits and income from managing any sport ground , stadium or sport complex will be free of tax and orofits and income of a foreign trainer of any sport, will also be exempted from tax.
Sri Lanka Cricket, the body administration is in debt and has been wracked in scandal. The military has taken over the running of some venues.
Imports of sports footware would also be allowed duty free.
Raja mess everything.
Edited By - Damed - 23 Nov 2011 10:26:13 GMT |
Damed
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23 Nov 2011 10:34:48 GMT Report for Abuse
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Thalaimannar IDPs 'made refugees again'
Nearly 600 families are now made refugees in their own village, they say, as their ancestral land has been taken over by the military
Nearly 600 families recently re-settled in their ancestral lands in Thalaimannar say they were made homeless again due to 'land grab' by the military.
The families who were evicted from Thalaimannar by the Tamil Tigers in 1990 were recently requested by the government to resettle in their ancestral lands.
But once resettled, they say, they were once again evicted by the police and military.
The families are currently camping in a land belonged to local mosque.
Ma Ra !
Edited By - Damed - 23 Nov 2011 10:36:10 GMT |
p007
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 23 Nov 2011 10:42:16 GMT Report for Abuse
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Minister said the situation with regard to Air Lanka was same during the late J. R. Jayewardene regime as adequate investments were not made by the state during that time as well.
With regard to the repeated charges on the performance of Mihin Air, the senior Minister said it had incurred losses as the funds pumped into it by the state had been inadequate.
KNOWING that adequate investments are vital for an Airline to make Profit, why on earth did they start Mihin Air when they did NOT have enough funds to invest?
Seems the powers that be don't want to learn even from past mistakes. How long can they continue to fool around like this? |
Damed
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23 Nov 2011 10:45:36 GMT Report for Abuse
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KNOWING that adequate investments are vital for an Airline to make Profit, why on earth did they start Mihin Air when they did NOT have enough funds to invest?
eating our hard earn money.
Gahapu padekuth neha Bere Paluwakuth neha !
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Roshan2007
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 23 Nov 2011 11:09:02 GMT Report for Abuse
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Mihin Air is to go for code-sharing with Sri Lankan Airlines, senior minister Sarath Amunugama told Parliament yesterday.
messing up everything....
Why not make everything under Sri Lankan airlines? |
EEELamaya
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23 Nov 2011 11:11:05 GMT Report for Abuse
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| Modayaas must learn from Gen. Dr. VP who created 7 airports in Eezham and ran an airline with shoestring budget... without incurring any loss nor borrowing from IMF or World Bank..! |
Roshan2007
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23 Nov 2011 11:13:00 GMT Report for Abuse
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eating our hard earn money.
Gahapu padekuth neha Bere Paluwakuth neha !
If Sri Lankan airlines makes profit then it makes a logic for Mihin air to piggy back on Sri Lankan airlines profit to take a ride on it.
even Sri Lankan airlines running at a colossal loss and add up another white elephant on it.
no business sense at all.
those have not even run a bulath kade operating airlines now.
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Damed
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23 Nov 2011 11:21:56 GMT Report for Abuse
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| Raja's sudden blood set Emirates out with productive destinations lost. |
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